Deal4loans a Noida based B2C loans marketplace, has raised an undislosed amount of funding from Neeraj Arora Head of Whatsapp and a board member of Paytm, Ram Shriram founding member of Google and Puru Vashishtha an investor on Wall Street hedge funds. Deal4loans was founded by Rishi Mehra in 2009. It now comprise of Rishi Mehra and Puru Vashishtha
Rishi Mehra, founder and chief executive of Deals4Loans
“With proven expertise in business and technology, their broad global perspective is helping us to design and enhance systems to enable a billion Indians to achieve their dreams by applying for loans online, in an efficient and user friendly manner,”
Deal4loans is a delhi based startup with a concept of online comparison for retail loans in India. They provide the best and valuable information on all the available loans in India. Their aim to help their customers to take advantage of the best price and services available at the click of a button. Deal4loans provide information on Home loan, loan against property, personal loan, car loan and credit card.
Puri Vashishtha said
“Indian fin-tech is entering a very exciting phase and Deal4Loans is best positioned to capture the hockey stick growth in that space, as it is the biggest financial marketplace in India,”
Ram Shriram, a founding board member and one of the first investors in Google said
“Deal4Loans is fundamentally transforming access to financial products and improving choice for the consumer by leveraging technology. Deal4Loans’ deep technology edge and algorithms attracted me to invest in the company. Digitization of banks is a reality that Indian banks will have to adapt to. This is a big market opportunity to reach new consumers and banks will need a technology partner of the caliber of Deal4Loans to help them move to new Digital Banking age.”
Deal4loans is a neutral marketplace which offers the customers with independent loan comparison service. Through its platform Deal4loans has facilitated disbursal of more than Rs. 10,000 crore.
Ram Shriram one of the investor said
“Digitization of banks is a reality that Indian banks will have to adapt to. This is a big market opportunity to reach new consumers and banks will need a technology partner of the caliber of Deal4Loans to help them move to new digital banking age.”